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Which of the following statements regarding accounts is FALSE? A) An asset is increased by a debit and decreased by a credit. B) Dividends are

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Which of the following statements regarding accounts is FALSE? A) An asset is increased by a debit and decreased by a credit. B) Dividends are increased by credits and decreased by debits. C) A liability is decreased by a debit and increased by a credit. D) Revenue is increased by a credit and an expense is increased by a debit

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